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Plans and Disequilibria in Centrally Planned Economies

Plans and Disequilibria in Centrally Planned Economies

Empirical Investigations for Poland

M. Gronicki, W. Charemza

North Holland
Publication date : 2014-06-28

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The purpose of this study is to investigate interrelations between planning mechanisms and disequilibria in a case where the planning decisions are centralized and are exogenously given to enterprises. The first introductory chapter is intended to provide an understanding of Poland's economic situation during the period under research. In the next five chapters the basic model, describing the households-planners relations in terms of consumption, labour, money and plans are derived, estimated, used for calculation of excess demands, for simulation of some monetary policies, and, finally, for providing optimal control experiments in which consumption excess demand is minimized on a reasonable level of the consumption volume. In the next two chapters the basic model is gradually extended, and the last chapter summarizes the results by formulating a more effective macroeconomic policy.

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About the book

Author

M. Gronicki , W. Charemza

Imprint

North Holland

Collection

n.c

Publication date

2014-06-28

Pages

198 pages

Print ISBN

9780444701008

Language

English

Ebook informations

EAN PDF DRM-FREE

9781483297477

Price

£46.41

Informations accessibility

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About author(s)

M. Gronicki

W. Charemza

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